The Co-Founder of open-source distributed ledger IOTA (MIOTA), Sergey Ivancheglo, has announced his departure from the project, Decrypt reports. Ivancheglo also claims he sold all his coins while his projects use IOTA technology.
Today is my last day of working on cryptocurrencies. I don't own personal cryptocoins anymore. My projects use #IOTA which is the best distributed registry technology to date.
— Come-from-Beyond (@c___f___b) November 7, 2019
According to Ivancheglo's post on Discord, he decided to sell all his assets in order to "avoid a conflict of interest when working on current projects."
Previously iHodl reported that a non-profit organization the IOTA Foundation will be collaborating with the Linux Foundation and Dell Technologies to establish the provenance of data coming from multiple different sources and deliver data to applications with measurable confidence.
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